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AGBK News

US IPO Weekly Recap: Clear Street postpones its IPO, as Japan-based payment firm PayPay submits filings

CLRS

Four IPOs and nine SPACs priced this week. Broker Clear Street (CLRS), which was also set to debut, postponed its IPO after slashing its proposed deal size by 65%. Four IPOs and three SPACs submitted filings. Solar project builder SOLV Energy (MWH) priced ...read more

Brazilian consumer bank AGI prices US IPO at $12, the low end of the revised range

AGI (Agibank) logo

AGI (Agibank), a Brazilian digital bank providing social security-backed loans to underserved customers, raised $240 million by offering 20 million shares at $12, the low end of the downwardly revised range of $12 to $13. On Tuesday, the company slashed the...read more

Agibank slashes deal size by 65% ahead of pricing

AGI (Agibank) logo

AGI (Agibank), a Brazilian digital bank providing social security-backed loans to underserved customers, slashed the proposed deal size for its upcoming IPO on Tuesday, reflecting poor trading from close peer and recent IPO PicPay (-20% from IPO). The...read more

US IPO Week Ahead: Clear Street’s billion-dollar listing set to lead 5 IPO week

CLRS

Five IPOs are currently scheduled in the week ahead, and some smaller issuers may join the calendar throughout the week. Capital markets platform Clear Street Group (CLRS) plans to raise $1.0 billion at a $13.3 billion market cap. The company offers a...read more